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619-637 Yonge Street Mixed-Use Town Development

Use Town Development Hero
Location: Toronto, ON

Client: Rabba Family Office

Project Description

Colliers is leading the development management of this large-scale, transit-oriented, mixed-use community in the heart of downtown Toronto. This is a large-scale intensification of an assembly of several retail properties near the important intersection of Yonge Street and Bloor Street. The plans contained in the rezoning application submitted to the City of Toronto propose a 57-storey, 530,000+ gross square-foot structure with retail on floors 1 & 2, and 606 residential units above, 40% of which will be two- and three-bedroom suites suitable for families.

Scope of Services

Colliers is acting as the Owner’s Representative Development Manager and leading the entitlement program through rezoning and site plan approval, including procurement and management of all project team consultants, advancement of design development, study of market dynamics, oversight of political and community stakeholder engagement processes, evaluation of construction methodologies and cost estimates, and ongoing financial analysis. 

Outcome

The rezoning application was submitted on November 4, 2021, and this project will successfully be inoculated from the financial impacts of Inclusionary Zoning. 

Use Town Development 1

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Development Advisory

Pour plus d’informations, veuillez contacter:

Randy Gladman

Vice President, Development Management

Toronto Downtown

Randy Gladman has over 12 years of experience in commercial real estate developments, leading projects from initial acquisition through the design, approval, site servicing, construction, and disposition processes. In any project he undertakes, Randy is driven to meet the objectives of a project in conformity with its stated goals, thereby building a successful client relationship throughout the project life cycle. Throughout his career, Randy has assembled and managed development design and approval teams made up of external consultants including civil engineers, planners, architects, surveyors, and lawyers. He is skilled in pursuing required entitlements to allow projects to proceed to construction, including official plan amendments, rezoning, site plan approvals, minor variances, and building permits. Additionally, Randy has earned a reputation in the industry for fostering strong relationships with municipal staff and politicians to expedite project approvals.

A member of the Urban Land Institute, the International Council of Shopping Centres, and NAIOP Real Estate Development Association, Randy has also authored articles about architecture and the future of transportation. 

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Aaron Clodd

Director, Development Management

Toronto Downtown

Aaron Clodd has over 15 years of experience in retail, office, industrial, retirement and multi-residential real estate development, leading projects from initial market analysis to acquisition, design, approval, site servicing, construction, and disposition.

Aaron is a results driven achiever who can excel in a fast-paced environment while managing the scope, schedule and budget for multiple developments with numerous stakeholders and tight deadlines. In any project he undertakes, Aaron gains a comprehensive understanding of the goals and objectives in order to successfully execute the desired outcome. Aaron is quick to develop strong relationships with his clients and stakeholders and effectively manages them throughout the life of a project. During his career, Aaron has gained experience assembling and managing consulting teams of engineers, planners, architects, surveyors, lawyers, etc. for acquisition due diligence, official plan amendments, rezoning, site plan approvals, minor variances, building permits and brownfield grants. Aaron understands the financial implications of technical issues and planning policy changes making him an effective Development Manager

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John Eaton

Development Manager, Development Management

Toronto Downtown

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